Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

15 Properties
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$257,900
Subdivision: Yorktown North
4
Beds
3
Baths
3,056
Sq.Ft.
1987
Year Built
161
Days on Site
1520923
MLS
Short sale sold as is. Wonderful opportunity to own a well-maintained four bedroom & three bath home on a peaceful cul-de-sac street in the South End of Louisville. Featuring up to date appliances in...
$183,000
Subdivision: Adams Run
4
Beds
2F11/2
Baths
2,368
Sq.Ft.
2001
Year Built
9
Days on Site
1531932
MLS
Diamond in the rough but great equity opportunity for investors/buyers. Spacious 4 bedroom 2.5 bath waiting for a makeover. Seller is allocating up to 7000 dollars towards repairs . Insurance claim...
Under Contract
8703 Chelmer Ln Louisville, KY 40220
$175,000
Subdivision: Stony Brook Woods
3
Beds
3F11/2
Baths
2,470
Sq.Ft.
1998
Year Built
138
Days on Site
1521866
MLS
Back on the Market! Short Sale. Third party approval required. Water cannot be turned on prior to closing. Home needs TLC, but could be the perfect home for the handy buyer or sophisticated investor....
Under Contract
375 Wood Valley Ln Louisville, KY 40299
$175,000
Subdivision: Dawson Hill Estate
4
Beds
3F11/2
Baths
3,824
Sq.Ft.
2001
Year Built
68
Days on Site
1526734
MLS
SHORT SALE. Investor alert! Fix and flip, or great for construction-oriented homeowner. This is a big project. Check ALL the photos.Like a vacation home in the woods! 4 bedrooms, 3.5 baths, finished...
$159,900
Subdivision: Park Lake Village
3
Beds
2
Baths
1,635
Sq.Ft.
1996
Year Built
2
Days on Site
1532530
MLS
Short sale sold as is. Great opportunity to purchase this 3 bedroom 2 bathroom ranch with partially finished walkout basement. Spacious living area with fireplace. Appliances to remain. Lovely...
$137,900
Subdivision: Preston Crossings
3
Beds
2
Baths
1,490
Sq.Ft.
2012
Year Built
11
Days on Site
1531820
MLS
**SHORT SALE** WOW!! 3 Bedroom, 2 full bath condo with 1490 sq ft of living space is FHA approved. Excellent location, close to restaurants, shopping, entertainment, I-265. Beautiful kitchen with...
Under Contract
7916 Broadfern Dr Louisville, KY 40291
$119,900
Subdivision: Broadfern
3
Beds
2
Baths
1,490
Sq.Ft.
1965
Year Built
19
Days on Site
1531034
MLS
Welcome to 7916 Broadfern Drive. This house is being sold as a Short Sale and does need some minor work . The lower Level Family Room need drywall and insulation. 3 bedrooms upstairs and 2 full...
Under Contract
7308 Tangelo Dr Louisville, KY 40228
$114,900
Subdivision: Fegenbush Meadow
3
Beds
1F11/2
Baths
1,775
Sq.Ft.
1962
Year Built
35
Days on Site
1529557
MLS
Short Sale in great neighborhood. Living room and eat-in kitchen have wood floors and are on the main level. Family room and half bath are on lower level with laundry. Bedrooms and a full bath are on...
Under Contract
407 Newton St Midway, KY 40347
3
Beds
1
Baths
1,413
Sq.Ft.
1982
Year Built
137
Days on Site
1522012
MLS
**Short Sale**. Located in the Heart of Horse Country here in Historic Midway Kentucky. This home showcases 3 bedrooms, 1 bath, an eat-in kitchen, Living room, den and a bonus room that could be...
$99,000
Subdivision: Beverly Manor
3
Beds
1F11/2
Baths
1,763
Sq.Ft.
1959
Year Built
5
Days on Site
1532358
MLS
PLEASE USE CAUTION WHEN ENTERING THERE IS TRASH & JUNK THROUGHOUT PROPERTY & A CAT THAT STILL LIVES IN THEPROPERTY . Possible short sale being sold as is with no repairs being made. Utilities are...
$95,000
Subdivision: Tarrytowne
2
Beds
2
Baths
1,570
Sq.Ft.
1967
Year Built
7
Days on Site
1524649
MLS
Attention Investors!!!! First time flippers!!! This is a Short Sale! If you are looking for a fixer upper this diamond in the rough could be yours! This is a classic Brick Split Foyer Home with...
3
Beds
1
Baths
1,060
Sq.Ft.
1954
Year Built
96
Days on Site
1524807
MLS
Property is a short sale and requires 3rd party approval for all sales.
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